Marshall MonteagleJSE:MMP 68 Altman Z2-Score is 10.59 as of Jun. 30, 2026, which is 109% above its 10-year median of 5.06. GuruFocus rates JSE:MMP with a GF Score™ of 68/100 and a GF Value™ of R25.78 (Fairly Valued). The stock has 5 warning signs investors should review. Among 153 Industrial Distribution companies, Marshall Monteagle ranks better than 93.46% on this metric.
Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.
Good Sign:
Marshall Monteagle has a Altman Z2-Score of 10.59, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.
The zones of discrimination were as such:
When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.
The historical rank and industry rank for Marshall Monteagle's Altman Z2-Score or its related term are showing as below:
JSE:MMP'
s Altman Z2-Score Range Over the Past 10 Years
Min: 2.7 Med: 5.06 Max: 10.59
Current: 10.59
During the past 13 years, Marshall Monteagle's highest Altman Z2-Score was 10.59. The lowest was 2.70. And the median was 5.06.
The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
Altman Z2-Score does not apply to financial companies.
Marshall Monteagle Altman Z2-Score Related Terms
Marshall Monteagle Altman Z2-Score Historical Data
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The historical data trend for Marshall Monteagle's Altman Z2-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
JSE:MMP vs GWW, FAST, FERG: Altman Z2-Score Comparison
For the Industrial Distribution subindustry, Marshall Monteagle's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Marshall Monteagle Altman Z2-Score vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Marshall Monteagle's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Marshall Monteagle's Altman Z2-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
Marshall Monteagle's Altman Z2-Score for today is calculated with this formula:
Z
=
6.56
*
X1
+
3.26
*
X2
+
6.72
*
X3
+
1.05
*
X4_2
=
6.56
*
0.4324
+
3.26
*
0.6399
+
6.72
*
0.0093
+
1.05
*
5.3342
=
10.59
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.
Marshall Monteagle (JSE:MMP) has a Altman Z2-Score of 10.59 as of Jun. 30, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Marshall Monteagle and its competitors. This is 109% above median its historical median of 5.06. Over the past decade, Marshall Monteagle's Altman Z2-Score has ranged from 2.70 to 10.59. According to the industry distribution chart, Marshall Monteagle ranks #10 out of 153 companies in the Industrial Distribution industry, placing it in the top 6.5%.
Is Marshall Monteagle's Altman Z2-Score too high?
Marshall Monteagle's current Altman Z2-Score of 10.59 is 109% above median its 10-year median of 5.06. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 10.59. The Industrial Distribution industry median Altman Z2-Score is 4.25. Marshall Monteagle's value of 10.59 is 149.2% above this industry median. Based on the distribution chart, Marshall Monteagle ranks #10 out of 153 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Marshall Monteagle has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marshall Monteagle's Altman Z2-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Marshall Monteagle ranks #10 out of 153 companies for Altman Z2-Score. This places Marshall Monteagle in the top 7% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.25. Marshall Monteagle's value of 10.59 is 149.2% above this benchmark. Historically, Marshall Monteagle's own Altman Z2-Score has ranged from 2.70 to 10.59 over the past decade. While the company's 10-year median is 5.06 vs. the industry median of 4.25, Marshall Monteagle has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for an Industrial Distribution company?
The median Altman Z2-Score among Industrial Distribution companies is 4.25, based on 153 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marshall Monteagle's current Altman Z2-Score of 10.59 is 149.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Marshall Monteagle and its competitors. For the Industrial Distribution industry, the median Altman Z2-Score is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marshall Monteagle's current Altman Z2-Score is 10.59, which is 109% above median its own 10-year median of 5.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marshall Monteagle stock overvalued right now?
Based on GuruFocus' analysis, Marshall Monteagle (JSE:MMP) is currently considered Fairly Valued. The stock's GF Value™ is R25.78, compared to a current price of R27.55 — trading 6.9% above its estimated fair value. The current Altman Z2-Score is 10.59, which is 109% above median its 10-year median of 5.06 and 149.2% above the Industrial Distribution industry median of 4.25. Marshall Monteagle's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Marshall Monteagle (JSE:MMP), the current Altman Z2-Score is 10.59 as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Marshall Monteagle (JSE:MMP) Overvalued in 2026?
Based on GuruFocus' analysis, Marshall Monteagle stock appears to be overvalued.
The current stock price of R27.55 is trading 6.9% above its estimated GF Value™ of R25.78.
GuruFocus considers Marshall Monteagle to be Fairly Valued.
Key valuation signals for JSE:MMP:
Altman Z2-Score: 10.59 (109% above median its 10-year median of 5.06)
GF Value™: R25.78 vs. price of R27.55 (6.9% above fair value)
Industry Position: 149.2% above the Industrial Distribution median (#10 of 153)
No single metric tells the full story. See the JSE:MMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marshall Monteagle PLC operates trading businesses involved in the importation and distribution of hand tools, machinery and non-perishable food products, coffee roasting, importing and exporting and trading in metals and minerals. It is also involved in the property business. The company generates the majority of its revenue from the Import and distribution segment, which is engaged in Trade in non-perishable products, such as food, food ingredients, household consumer products, metal and minerals, manufacturing inputs, and tools; majorly imports to South Africa and Latin America, and exports from South Africa.
68GF Score
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